Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ray Kroc

đŸ‘€ Speaker
802 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Every bun was balanced against every patty.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

If the numbers didn't match, the manager knew immediately something was being wasted or stolen.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

One choice Kroc made was he refused to get McDonald's into the supply business.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Many franchisors make money by marking up the supplies they sell to operators.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Kroc thought that that was a betrayal.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

You can't serve two masters.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Either you're trying to help your franchises succeed or you're trying to make money off them.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

So McDonald's worked with suppliers to lower their costs, better packaging, better delivery, better products.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

This savings got passed on to franchisees.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Figuring out ways a supplier could lower his costs meant that he could afford to sell to a McDonald's for less.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Everyone pulled in the same direction, and suppliers grew with McDonald's because McDonald's helped them grow.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Kroc made another decision early on that turned out to be crucial.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

He refused to put any pay telephones, jukeboxes, or vending machines of any kind in any McDonald's.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Many operators were tempted by the side income.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

But Ray stood firm.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

All of those things create unproductive traffic and encourage loitering that disrupts your customers, he explained.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

It would downgrade the family image we wanted to create.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

There was another reason too.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

In some areas, vending machines were controlled by the crime syndicate.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Ray wanted no part of that.